Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
MS RACING from Lubbeek, company number BE0447624019, closed financial year 2025 with a result of € -501 after tax. For that financial year MS RACING recorded a gross margin of € 3,101 and equity of € -42,094. Compared with financial year 2024, the result moved from € 5,726 to € -501. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ -42,094
▼ € 501 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -501
▼ still € 5,726 profit in 2024
Profit after tax over the fiscal year.
€ 28,695
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,686.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 117,376
▲ 7% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,012 | € 27,378 | € 9,544 | € 3,101 | ▼ 68% |
| Profit after taxes | € 10,326 | € 27,080 | € 5,726 | € -501 | ▼ € 6,227 |
| Equity | € -74,398 | € -47,318 | € -41,593 | € -42,094 | ▼ € 501 |
| Total debts | € 126,283 | € 96,633 | € 109,762 | € 117,376 | ▲ 7% |
| Cash | € 387 | € 86 | € 20,404 | € 28,695 | ▲ 41% |
| Land & buildings | € 50,218 | € 48,301 | € 46,831 | € 45,645 | ▼ 3% |
| Retained profit | € -92,990 | € -65,910 | € -60,185 | € -60,686 | ▼ € 501 |
| Bank debt | € 126,219 | € 94,460 | € 109,762 | € 117,376 | ▲ 7% |
| Balance sheet total | € 51,884 | € 49,315 | € 68,170 | € 75,282 | ▲ 10% |
Key figures of MS RACING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MS RACING?
What happened at MS RACING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 501 (▼ € 6,227 vs 2024). Source: NBB ↗
- New establishment in Lubbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,326 profit in 2022 to € 501 loss in 2025.
Paid € 123 in corporate taxes since 2022.
Best year ever: 2023, with € 27,080 profit.
Management
Behind MS RACING is Achiel Schrevens.
Directors
According to the 2025 annual accounts
Achiel Schrevens
Director
Establishments
Establishment units
Physical locations of this company
Diestsesteenweg(LIN) 179
3210 Lubbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.624.019
- VAT number
- BE 0447.624.019
- Registered office
- Diestsesteenweg(LIN) 179, 3210 Lubbeek
- Names & denominations
- MS RACING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1992
- Peppol
- Active · Active since 20 Feb 2026
- Activities · NACE
Overige zakelijke dienstverlening, neg
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Markt- en opinieonderzoek
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige technische testen en toetsen
Overige gespecialiseerde wetenschappelijke en technische activiteiten